Prosperity Freedom Gateway is one of the veteran 1UP gifting programs and has also been around for about 4 years. This program also appeals to many people because it has 3 levels of participation: $500, $1,500 and $3,500. It’s professionally administered using a 3rd party tracking software system that keeps track of referrals and gifts received.
Upfront costs / expenses
Prosperity Freedom Gateway requires the tracking software expense which runs about $180 per year. Of course this is in addition to the gifts you will have to buy in with at the various levels and marketing cost that every cash gifting program will need.
Here again as with just about all the gifting businesses, we have this legal aspect which is a constant point of conflict. There has been a lot of speculation surrounding the actual legality of the Prosperity Freedom Gateway cash gifting program. Now, we should like to caution here that the operators of the Prosperity Freedom Gateway cash gifting program do not like being referred to as a business.
They insist they are a private activity where entrance is only gained by invitation. They often will refer to a IRS statue that declares gifts up to $13,000 are tax free. So, on this basis they declare that the money you receive is tax free because it is a gift.
After conferring with our legal consul, we have come to the determination that this concept will likely fail to hold up in court for the simple reason that in the past the courts have taken on the view that when a concern is operated like a business, advertises like a business and in truth “everyone is in it for the money” that no true gift was ever actually intended and the whole purpose for its members is to enrich themselves while attempting to avoid taxes.
So we feel that there is a very high likelihood of the courts ruling that this concern is in effect a business without products designed to enrich its members while trying to avoid the taxes on profits from the business. Therefore one could easily find themselves charged with tax evasion.
So, for this reason we find this a problem certainly if you think you will be able to skirt the tax issue.
On another front the Prosperity Freedom Gateway cash gifting program is operated without any products and this too has caused us to be concerned. One has to ask “just what am i getting for my hard earned money”? As far as we can see , Nothing! So, again, the courts are likely to see this as just another money game and they will very likely invoke the statues for you to prove that this not just another form of a ponzi scheme where innocent people are left holding an empty bag.
The Prosperity Freedom Gateway gifting program has their lowest entry level being only $500, it’s accessible to the masses. The weekly conference calls to invite prospects to is well scripted and professional.
The Prosperity Freedom Gateway gifting program does seem to have many strong leaders found in this program or professional marketing tools/systems as well.
The Prosperity Freedom Gateway gifting program also appeals to many people because it pay out at 3 levels of participation: $500, $1,500 and $3,500. Cash gifts are delivered to participants via FedEx, UPS or DHL.
The Prosperity Freedom Gateway gifting program does not offer much support and little training is available so you better be prepared for these problems. Seems to be a fairly small organization without a lot of support structure.
Final Analysis / Recommendation:
The Prosperity Freedom Gateway gifting program is OK if you can find a good team and marketing system, you could have a shot at being successful if gifting is your passion. One of the weaker systems we found when compared to other systems.The Prosperity Freedom Gateway gifting program should only be considered if you have a strong background in Internet marketing as well as the ability to defend the likely legal issues that may arise in time.
Again we feel that there are many suitable alternative businesses which have significant advantages over this gifting program. However if one wishes to avoid the anxiety associated with the direct selling approach so common with legitimate businesses yet still insist on having a legitimate business model that offers a reasonable opportunity for success for most people then, your options will certainly narrow.
We can easily direct you to a host of companies that we have reviewed in the past which provide quality products. However, this always involves substantial expenses for your inventory or to auto ship your products each month.
If you truly want to avoid these issues then three businesses which we favor can be recommended because they have all the benefits of this gifting business but with none of the negatives associated with this gifting program.
They are: Passport To Freedom, People’s Concepts Inc. and IWIN. Of these 3, the IWIN business has to be considered the stronger of the 3 for several reasons. One being they offer lower levels of participation which are more attractive to the masses and yet with very low expenses.
They offer possibly the best marketing / teaching system that we’ve ever reviewed for the average person. Additionally they offer a robust compensation plan which is among the top in the industry. In fact in an earlier review they earned our coveted “5 STAR TOP BANNER” award. You can visit their site by clicking here.